Ryan Mcdowell Email & Phone Number

Waltham, Ma, Us

Marlborough, Ma, Us

As the leader of corporate financial forecasting and strategic planning at Hologic, a $4 billion company, I oversee various crucial aspects of financial management and reporting. This includes managing annual budgets, strategic plans, and quarterly forecasts in collaboration with executive leadership. I also handle Hologic's consolidated financial reporting, directing a team of six and partnering with key corporate departments such as IT, Finance, HR, and Marketing to ensure comprehensive and coherent financial insights.In addition, I coordinate closely with the CFO and Investor Relations to craft detailed Quarterly Business Review and Board of Directors materials, highlighting essential KPIs and providing critical business insights. Conducting detailed P&L analyses, scenario planning, and sensitivity analysis for the CFO is also part of my responsibilities to support strategic decision-making across business units.One of my significant achievements at Hologic has been spearheading finance digital transformation initiatives. I focused on enhancing financial reporting automation and reducing reporting cycles. For instance, I developed and implemented a Power BI CFO dashboard that automated reporting of key financial metrics such as revenue, gross margin, P&L, headcount, and balance sheet.Moreover, I led the transition of the forecasting process to a six-quarter rolling forecast, which resulted in a 20% reduction in the time required to finalize budgets and streamlined related processes and systems. Additionally, I automated the Monthly Reporting Package, reducing completion time by 10% and increasing reporting efficiency across the organization. These initiatives have contributed to improving financial management processes and driving greater efficiency and effectiveness within the finance function at Hologic.

Marlborough, Ma, Us

As the finance partner for corporate departments at Hologic, I oversaw a wide range of financial management activities to support strategic decision-making and ensure financial integrity. My responsibilities included managing budgets, quarterly forecasts, and strategic plans for multiple departments while providing executive-level reviews and analytical support to over fifteen senior business leaders.I directed a team of two analysts responsible for performing monthly close processes, variance analyses, and the preparation of monthly and quarterly financial reporting. By overseeing these processes, I enhanced the accuracy and timeliness of financial deliverables, ensuring alignment with investor relations and accounting standards. Additionally, I led P&L consolidation efforts and delivered financial reporting to meet investor relations requirements.I also played a key role in business case development and ad hoc financial analyses, directly supporting business expansion and operational improvements. For example, I developed a specialized COVID sensitivity analysis model to forecast short-term and long-term financial impacts of the pandemic on Hologic's profit and loss, enhancing organizational readiness and strategic response.Furthermore, I designed and implemented new product and vitality indices to standardize the evaluation of R&D pipeline effectiveness, improving reporting mechanisms and project tracking across the company. These initiatives contributed to enhancing financial management practices and driving operational excellence at Hologic.

Marlborough, Ma, Us

Marlborough, Ma, Us

As a leader of the annual budgeting and forecasting processes for Hologic's Diagnostics Division, a $1 billion segment, I played a pivotal role in providing comprehensive analytical support, critical financial insights, and strategic recommendations directly to the Division President. My leadership ensured the effective management of a team of two financial analysts responsible for month-end close, financial reporting, and support for Diagnostics Marketing, General & Administrative, and Service organizations, guaranteeing accurate and timely financial data.One of my key contributions was developing and executing business cases, leading project financial analysis, and supporting strategic business development initiatives aimed at driving growth and operational efficiency within the Diagnostics Division. These efforts helped align financial resources with strategic objectives and maximize returns on investment.Additionally, I consolidated the division's P&L and led the preparation of financial reports for monthly and quarterly closes, enhancing financial transparency and accountability across the organization. By providing clear and actionable financial insights, I facilitated informed decision-making at all levels of the Diagnostics Division.A notable achievement was successfully formulating the 2019 budget and strategic plan for the Diagnostics Division. This involved establishing rigorous financial targets and securing firm commitments for cost reductions throughout the organization, ensuring alignment with overall business objectives and financial goals.Furthermore, I directed the 2018 quarterly forecast cycles, meticulously managing the division's P&L against budgeted operating income commitments to ensure the successful achievement of financial targets. This involved closely monitoring performance metrics, identifying areas for improvement, and implementing corrective actions as needed to maintain financial stability and profitability.

Marlborough, Ma, Us

As the leader spearheading monthly demand review sessions, I played a pivotal role in presenting critical forecasts and insights to divisional leadership across Marketing, Sales, Finance, and Operations. By facilitating these sessions, I enhanced strategic decision-making during executive Sales and Operations Planning (S&OP) business reviews, ensuring alignment with overall business objectives and goals.One of my key responsibilities was delivering precise monthly worldwide demand forecasts to the Supply Chain organization. This involved collaborating closely with cross-functional teams to gather relevant data, analyze market trends, and incorporate key insights into demand forecasting models. By providing accurate demand forecasts, I enabled the Supply Chain department to optimize material replenishment, production scheduling, and constraint management, thereby enhancing operational efficiency and responsiveness to customer demand.A significant achievement was the successful implementation of Kinaxis RapidResponse, a revolutionary supply chain forecasting and management software solution. I led the project to replace manual processes with advanced software solutions, orchestrating the deployment of the RapidResponse demand planning module within a nine-month timeframe. This transition from a labor-intensive, Excel-based system to a sophisticated, automated forecasting platform significantly enhanced Hologic's supply chain forecasting and management capabilities, driving efficiency and accuracy in demand planning processes.Additionally, I innovated Hologic's first consensus-demand forecasting model, which merged statistical analysis with market insights to boost forecast accuracy and operational efficiency. By leveraging advanced forecasting techniques and incorporating market intelligence, we achieved a 25% reduction in forecasting cycle time, enabling faster decision-making and more agile responses to changing market conditions.

Marlborough, Ma, Us

A key aspect of my responsibilities was leading the monthly financial close and reporting process. During this process, I provided pivotal insights derived from financial analysis that informed divisional strategies and operational adjustments. By conducting thorough financial reviews and analyses, I identified trends, patterns, and areas for improvement, enabling proactive decision-making and optimization of financial performance.To improve data consistency and accessibility, I implemented standardized reporting protocols for revenue, average selling prices, and customer segmentation across various product lines and channels. This initiative significantly enhanced the organization's ability to analyze and interpret sales data, leading to more informed decision-making and targeted strategic initiatives.Furthermore, I played a central role in enhancing the Integrated Business Planning process by providing robust financial analysis. This involved integrating operational planning with financial forecasting to ensure alignment between strategic objectives and financial goals. By leveraging financial analysis, I facilitated better decision-making and resource allocation across the organization.I also developed and standardized processes with commercial teams for the aggregation, review, and approval of revenue forecasts. This initiative fostered enhanced executive oversight and strategic decision-making by providing clear visibility into revenue projections and underlying assumptions.Additionally, I devised models to align commercial demand forecasts with financial revenue projections in collaboration with Sales and Operations Planning (S&OP) leaders. This effort streamlined financial and operational alignment, ensuring that revenue forecasts accurately reflected commercial demand forecasts and enabling better resource allocation and strategic planning.

As the lead analyst for the financial monthly close and reporting for cross-divisional and regional Licensing and Commercial Supply (LCS) results, I navigated a matrixed leadership structure to ensure timely and accurate financial insights. This involved coordinating with various stakeholders across divisions and regions to gather necessary data, reconcile financial statements, and prepare comprehensive reports. By effectively managing this process, I provided key decision-makers with the information they needed to assess performance, identify areas for improvement, and make strategic decisions.One of my significant achievements was developing the Fiscal Year 2015 budget for OEM revenue and LCS operational expenditures for a team of about 80 personnel. This process required a deep understanding of business operations, commission plans, and sales targets to drive performance and accountability. By creating a detailed and comprehensive budget, I provided clear guidance and direction for resource allocation and financial planning, ultimately supporting the achievement of strategic objectives.Furthermore, I played a key role in supporting the implementation of Siebel software, which enhanced the tracking and management of sales opportunities and improved funnel management practices. By leveraging my financial expertise and understanding of business processes, I contributed to the successful deployment of the software, enabling more efficient and effective sales operations.Overall, my leadership in financial management and strategic planning contributed to improved decision-making, streamlined operations, and the achievement of business objectives within the Licensing and Commercial Services organization.

Farmington, Ct, Us

I joined the company as an Intern in Jun 2011, being promoted to full time employment in October 2011 and received several quick promotions to rise to the Financial Analyst position. Associated as the Finance FP&A within the supply organization, I am playing a key role by focusing on forecasting and assisting financial decision making (bid analysis).Here, I am utilizing advanced excel skills to build and automated reports/charts while working closely with other departments to get the necessary data input. I am preparing reports of financials for corporate headquarters by coordinating with different departments and comparing it with actual ones to calculate the variances. I am analyzing and examining suppliers’ financial statements to assess financial health and ability to fulfill contracts.During this time, I have performed key role in financial analysis to support outsourcing activities for quoting and pricing/DCF analysis, comparing total landed costs between bidders through evaluation of pricing terms and conditions, cost of logistics, and stand up support costs, etc. As a Lead Analyst, I have provided financial recommendations on packages that have gone to suppliers in Morocco, Malaysia, and Mexico with contract values of $15-50 million (NPV).In addition, I have developed and introduced models for preparing various financial reports to reduce the preparation time significantly.

Certificate, Finance

Certificate, Accounting

Bs, Economics- Management Science